#Dubai-listed Amanat to consider IPO for new healthcare platform

Dubai-listed Amanat to consider IPO for new healthcare platform

Dubai-listed investment company Amanat Holdings is considering a regional IPO for its newly-launched healthcare platform, Amanat Healthcare.

The newly launched platform will consolidate the company’s healthcare assets across the UAE, Saudi Arabia and Bahrain to create an expected capacity of 1,000 beds within three years, the company said in a statement t o Dubai Financial Market (DFM) today.

“Amanat also plans to consider further value creation options for Amanat Healthcare, including organic and inorganic growth opportunities, combinations with other synergistic assets and a potential initial public offering (IPO) on a regional exchange in the near-term ,” the statement said.